PANews reported on February 26 that Adam, a macro researcher at Greeks.live, released an English community briefing saying that group members were generally bearish because Bitcoin plummeted from more than $100,000 to a low of $80,000, which traders described as "crisis contagion." Key watch prices include the critical support level of $86,000. If it falls below this level, many people believe that there will be a "vacuum zone" below until the $72,000-77,000 range, and some members even expect it to fall further to $65,000. The market experienced a single-day drop of $6,000, accompanied by a large number of forced liquidations, resulting in major losses for most traders in the group, with some reporting losses of 5-6 figures. Several traders believe that this round of selling is controlled and may come from a "stealth" large seller who needs to complete the sell-off before any meaningful rebound can occur. Despite the bleak market, some members are cautiously looking for a range that may form between $85,000 and $90,000, seeing $89,000-91,000 as a level that may provide some breathing space if it can be recaptured.
Greeks.live: If Bitcoin falls below the critical support level of $86,000, a "vacuum zone" may appear until $72,000-77,000
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Author: PA一线
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